Most Active U.S. Cities for M&A in Q1-Q3 2011 Announced
07 December, 2011
Yesterday our sister product mergermarket released a first-of-its-kind listing of the most active cities for M&A in the U.S. for Q1-Q3 2011. Not surprisingly, New York tops the list in both deal value and volume, with 366 deals and an aggregate value of USD 103.2 billion, although you may be more intrigued to find out the order of the runner-up cities.
Click here to view the full listing of U.S. cities by M&A activity, and check out the report highlights we’ve included below for additional insight from mergermarket’s analyst team.
- New York City ranked as the overall most active city in terms of deal value and count, with 366 deals and an aggregate value of USD 103.2 billion. The pending transaction of Deutsche Boerse acquiring NYSE Euronext, which has an enterprise value of USD 12.6 billion, would be the region’s largest announced transaction to date.
- Houston came in at second in terms of both deal count and value, with 158 deals worth USD 70.3 billion. Dallasranked number three in terms of value with 64 deals valued at USD 63.5billion, and San Francisco came in third in deal count with 123 deals, valued at USD 31.4 billion.
- Bellevue, Wash., was the highest ranked in terms of inbound deal value, with 10 deals valued at USD 40.4 billion. Bringing Bellevue up to first place is the controversial USD 39 billion acquisition of Bellevue-based T-Mobile by AT&T.
- Franklin Lakes, N.J., was the second most active inbound city by deal value, as it is the hometown of Medco Health Solutions, which is currently in the process of being acquired by Express Scripts for USD 33.4 billion.
- Dallas beat out New York City for the number one spot for outbound deal value, with 40 deals valued at USD 60.5 billion.
“Outside of being home to some the world’s largest financial institutions, New York City retains a broad range of industries and services that uniquely position it as the most active US city for M&A,” said Jason Cozza, Senior Research Analyst for mergermarket. “New York’s economy is not anchored to any one specific industry – like energy in Houston or computer services in the Silicon Valley. While mega deals can occur in any niche pockets throughout the country, we expect New York City to maintain its position as the leader of M&A deal count by a substantially large margin.”
mergermarket is an independent, proprietary M&A intelligence service that provides forward-looking information and analysis on corporate strategy throughout the world. Visit www.mergermarket.com for more information.
